Median Wage in the past 5 years
| 2021 | 2022 | 2023 | 2024 | 2025 |
| $4,680 | $5,070 | $5,197 | $5,500 | $5,775 |
Median wage includes Employer CPF Contribution and Bonuses, if any
Core Inflation in the past 5 years
| Feb 2022 | Feb 2023 | Feb 2024 | Feb 2025 | Feb 2026 |
| 2.2% | 5.5% | 3.6% | 0.6% | T.B.A |
Core inflations excludes private transport and accommodation.
Resale Price Index in the past 5 quarters
| Quarter | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 |
| Resale Price Index | 192.9 | 197.9 | 201.0 | 202.9 | 203.7 |
| Percentage Change | 2.6% | 1.6% | 0.9% | 0.4% |
Core inflations excludes private transport and accommodation.
Understanding the economy
In Singapore, socio-economic policies play a crucial role in shaping the lives of its citizens. These policies not only influence economic growth but also impact social equity, access to resources, and overall quality of life. The government’s approach to managing these dynamics is essential for fostering a balanced society that thrives on inclusivity and progress.
These indicators should provide an accurate snapshot on the health of the economy because these are the pain points the middle class struggle despite enjoying one of the lowest tax rates in developed nations.